• Home
  • News
    • BREAKING!
    • Investigation
    • Media
    • Interview
    • NEWS ANALYSIS
    • PRESS RELEASE
  • Politics
  • Business
    • OIL & GAS
    • AVIATION
    • ENERGY
    • ECONOMY
    • Agriculture
  • Crime
  • Entertainment
    • MUSIC&ENTERTAINMENT
    • PEOPLE/SOCIETY/CELEBRATION
  • Sports
  • About Us
    • Contact Us
    • Mission Statement
  • More
    • INTERNATIONAL
      • AFRICA
      • DIPLOMATIC
      • FOREIGN
    • DISASTER
    • Civil Society/Human Rights
    • EDUCATION
    • Health
    • Columnist
    • ENVIRONMENT
    • Workers World
    • Judiciary
    • Guest Column
    • Opinion
    • RELIGION
    • ADVENTURE
    • HISTORY
    • DEFENCE
    • SEXUAL VIOLENCE
    • ICT
    • SUNDAY SERMON
    • OBITUARY
    • FOR THE RECORD
    • REACTION
  • Advertise on National Record
Facebook Twitter Instagram
Trending
  • ADC Faults Court’s Indefinite Adjournment In Leadership Dispute Suit
  • Amaechi Joins ADC Presidential Race, Picks N90m Nomination Form
  • 2027: Ex-President Jonathan Challenges Suit Seeking His Disqualification
  • Court Adjourns ADC Leadership Suit Indefinitely Amidst Gombe’s Plea For Case Transfer
  • VIDEOshiomhole Asks Akpabio To Vacate Office For ‘Self-Serving’ Rule Change
  • Africans Shouldn’t Join Our Xenophobic South African Brothers In Lunacy; By Owei Lakemfa
  • Nigerian Electoral Politics: A View From Mars; By Jibrin Ibrahim
  • 2027: Shettima Submits Tinubu’s Nomination Forms
Facebook Twitter Instagram
National RecordNational Record
  • Home
  • News
    1. BREAKING!
    2. Investigation
    3. Media
    4. Interview
    5. NEWS ANALYSIS
    6. PRESS RELEASE
    Featured

    ADC Faults Court’s Indefinite Adjournment In Leadership Dispute Suit

    By National RecordMay 8, 202602 Mins Read
    Recent

    ADC Faults Court’s Indefinite Adjournment In Leadership Dispute Suit

    May 8, 2026

    Amaechi Joins ADC Presidential Race, Picks N90m Nomination Form

    May 8, 2026

    2027: Ex-President Jonathan Challenges Suit Seeking His Disqualification

    May 8, 2026
  • Politics
    Featured

    ADC Faults Court’s Indefinite Adjournment In Leadership Dispute Suit

    By National RecordMay 8, 202602 Mins Read
    Recent

    ADC Faults Court’s Indefinite Adjournment In Leadership Dispute Suit

    May 8, 2026

    Amaechi Joins ADC Presidential Race, Picks N90m Nomination Form

    May 8, 2026

    2027: Ex-President Jonathan Challenges Suit Seeking His Disqualification

    May 8, 2026
  • Business
    1. OIL & GAS
    2. AVIATION
    3. ENERGY
    4. ECONOMY
    5. Agriculture
    Featured

    Q1 2026: Dangote Cement Grows Exports By 71.6% As Capacity Hits 55MTA

    By National RecordMay 5, 202603 Mins Read
    Recent

    Q1 2026: Dangote Cement Grows Exports By 71.6% As Capacity Hits 55MTA

    May 5, 2026

    Dangote Group Slams False Claims On Refinery Financing, ‘Rift’ With Elumelu

    May 3, 2026

    Dangote Cement Powers Global Sustainability Innovation At A4S 2026

    April 29, 2026
  • Crime
    Featured

    N33. 8bn Fraud: Court Convicts Ex-Power Minister Mamman In Absentia, Orders His Arrest

    By National RecordMay 7, 2026011 Mins Read
    Recent

    N33. 8bn Fraud: Court Convicts Ex-Power Minister Mamman In Absentia, Orders His Arrest

    May 7, 2026

    Alleged N33.8bn Fraud: Ex-Power Minister, Mamman, Absent As Court Set For Judgment

    May 7, 2026

    Police Arrest Two Over Alleged Killing Of NYSC Member In Benue

    April 24, 2026
  • Entertainment
    1. MUSIC&ENTERTAINMENT
    2. PEOPLE/SOCIETY/CELEBRATION
    Featured

     ‘Project Hail Mary’ Grosses N39m At West African Box Office Debut

    By National RecordMarch 31, 202601 Min Read
    Recent

     ‘Project Hail Mary’ Grosses N39m At West African Box Office Debut

    March 31, 2026

    Documentary Film, ‘Mothers Of Chibok’, Hits Cinemas Feb 27

    February 23, 2026

    Nollywood Blockbuster ‘Son Of The Soil’ Set For Premiere At Pan-African Film Festival

    February 4, 2026
  • Sports
    Featured

    Dembele Fires PSG Into Second Consecutive Champions League Final

    By National RecordMay 7, 202601 Min Read
    Recent

    Dembele Fires PSG Into Second Consecutive Champions League Final

    May 7, 2026

    Bukayo Saka Books Arsenal’s Place In Champions League Final

    May 6, 2026

    World Cup Playoff: NFF Appeals FIFA’s Decision Favouring DR Congo

    March 18, 2026
  • About Us
    • Contact Us
    • Mission Statement
  • More
    • INTERNATIONAL
      • AFRICA
      • DIPLOMATIC
      • FOREIGN
    • DISASTER
    • Civil Society/Human Rights
    • EDUCATION
    • Health
    • Columnist
    • ENVIRONMENT
    • Workers World
    • Judiciary
    • Guest Column
    • Opinion
    • RELIGION
    • ADVENTURE
    • HISTORY
    • DEFENCE
    • SEXUAL VIOLENCE
    • ICT
    • SUNDAY SERMON
    • OBITUARY
    • FOR THE RECORD
    • REACTION
  • Advertise on National Record
National RecordNational Record
Home»News»2023 Election: Treasurer Asks LP National Chairman To Account For N3.5bn
News

2023 Election: Treasurer Asks LP National Chairman To Account For N3.5bn

National RecordBy National RecordFebruary 12, 2024Updated:February 12, 2024No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
Julius Abure, National Chairman, Labour Party
Julius Abure, National Chairman, Labour Party
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email

A FRESH crisis has hit a faction of the Labour Party led by Julius Abure, after its National Treasurer, Oluchi Opara, demanded the accountability of about N3.5 billion in party finances.

Opara made this known during a news briefing in Abuja on Monday.

According to her, the finances were proceeds from the sales of forms and other fundraising activities for the 2023 general elections in the country.

Opara said: “With great reluctance and deep concern, I am compelled to publicly address the media regarding the egregious financial mismanagement and corruption that have plagued our beloved party under the leadership of Mr Julius Abure, the current National Chairman.

“As national treasurer, I am constrained to come before you and the public today because the internal mechanisms of our party have failed woefully to bring Mr. Abure to account for his brazen abuse of office and misappropriation of party funds.

“His appetite for power has grown unchecked, and he has deliberately undermined my duties and authority as stipulated in the party’s constitution.”

ALSO READ:

Faction Rejects Omakolo As Benue APC Acting Chairman

Councillor Asks Police To Investigate ‘Mysterious’ Inferno That Razed Ugbokolo Timber Market

Homecoming As Ex-PPRO Assumes Duty As Benue Police Commissioner

Meanwhile, rebutting the stance of the party’s treasurer, the Labour Party said the allegations were malicious and that Oparah was under some external influences, causing her to read out a “concocted statement drafted by detractors to tar the image of the party”.

The party, in a statement by its National Publicity Secretary, Obiora Ifoh, said: “The attention of the leadership of the party has been drawn to a news conference by our National Treasurer, Ms Oluchi Opara, where she raised a number of allegations against the National Chairman,  Julius Abure, bothering more on corruption and abuse of office.”

The statement further reads: “With the exception of the National Treasurer, whose tenure is about to end in a few weeks’ time, and who has served for eight years as National Treasurer without a single record of party accounts, no other member of the national working committee has raised any issue of embezzlement against our National Chairman who made a pledge on the assumption that the party has to be revamped.

“Evidence is our proactive outing in the 2023 general election as the party presented for the first time a very good presidential candidate.

“Let it be said that the Labour Party has not earned N3.5 billion as claimed and that the National Chairman has not embezzled any money that belongs to the party as alleged. The records are there, except that Ms Oluchi Opara doesn’t even understand simple accounting, even as a treasurer. The party engages an External Auditor, and our account is under constant scrutiny by INEC or other regulatory bodies,” the statement added.

The party stressed that Abure does not own several houses and property, as alleged by the National Treasurer, despite no law prohibiting him from owning properties.

“The constitution of the Labour Party in Article 14:1b provides that the National Chairman shall be the Accounting Officer of the party while 14:1d “Shall approve all expenditures and shall be a signatory to the Party’s Bank account(s).”

ALSO READ:

A Walk Amongst Writers And Odia, A Living Legend; By Owei Lakemfa

“Accordingly, Article 14: 6 states that the National Treasurer “Shall receive and promptly pay into the Party’s account(s) all monies received for and on behalf of the Party.

“Shall ensure the preparation of Annual Statement of Account/Reports on finances of the Party including compilation of the Party’s Assets and liabilities and make same available to the National Executive Council from time to time. Shall be a co-signatory to the Party Account(s).

“These sections are clear as to the duty of the national chairman apart from providing leadership. The duty of the National Treasurer is also clearly spelled out.”

The party, however, said it would definitely take Opara to the disciplinary committee, where appropriate measures would be taken against her.

PUNCH

Follow the National Record Channel on WhatsApp

2023 elections account for N3.5bn LP National Chairman Treasurer
National Record

Related Posts

ADC Faults Court’s Indefinite Adjournment In Leadership Dispute Suit

May 8, 2026

Amaechi Joins ADC Presidential Race, Picks N90m Nomination Form

May 8, 2026

2027: Ex-President Jonathan Challenges Suit Seeking His Disqualification

May 8, 2026

Leave A Reply Cancel Reply

Recent Posts
  • ADC Faults Court’s Indefinite Adjournment In Leadership Dispute Suit
  • Amaechi Joins ADC Presidential Race, Picks N90m Nomination Form
  • 2027: Ex-President Jonathan Challenges Suit Seeking His Disqualification
  • Court Adjourns ADC Leadership Suit Indefinitely Amidst Gombe’s Plea For Case Transfer
  • VIDEOshiomhole Asks Akpabio To Vacate Office For ‘Self-Serving’ Rule Change
About Us
About Us

Contest Communications Limited is a company incorporated to operate a purely ideologically progressive and working class news establishment. Registered in 2019 to bring this idea into reality, National Record, with the domain name: https://nationalrecord.com.ng/ was conceived to operate as an online news publication.

Contact Us

Contest Communications Limited

Address: 2nd Floor, Suite 21B, Dagep Plaza, Opposite Anaconda Garden and Resort, Off Karu Roundabout, Karu-Site, AMAC, Abuja-FCT.

Phone: +2348033209749

Email: Nationalrecordng@gmail.com

Facebook Twitter Instagram Pinterest
© 2026 All Right Reserved. National Record. Designed By DeedsTech.

Type above and press Enter to search. Press Esc to cancel.